Solventum Corporation stock research
FY2026 Q1
Solventum (SOLV) Gross Margin & Quarterly History
Explore Solventum Corporation (SOLV) gross margin from 2023 through the latest reported quarter, using SEC-sourced revenue, gross profit, and direct costs.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue in the current quarter was unchanged from the preceding quarter but lower than the same quarter one year earlier. Gross profit increased from the preceding quarter and matched the year-ago level, while gross margin improved sequentially and was above the year-ago quarter.
- The strongest observable margin driver is the reduction in cost of revenue relative to revenue. One concrete item to monitor is the sustainability of this lower cost structure.
- Compared with the preceding quarter, revenue was stable while cost of revenue declined, leading to higher gross profit and an improved gross margin. Relative to the year-ago quarter, revenue was lower but cost of revenue decreased more sharply, so gross profit remained unchanged and gross margin increased.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
54.7%
Gross profit
$1.1B
Revenue
$2.0B
Cost of revenue
$910.0M
Quarter-over-quarter change
+3.3 pts
Year-over-year change
+0.8 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2025 | $2.2B | $1.2B | $986.0M | 54.4% |
| Sep 30, 2025 | $2.1B | $1.1B | $961.0M | 54.2% |
| Dec 31, 2025 | $2.0B | $1.0B | $971.0M | 51.4% |
| Mar 31, 2026 | $2.0B | $1.1B | $910.0M | 54.7% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
+3.3 pts
Year-over-year change
Mar 31, 2025
+0.8 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The strongest observable margin driver is the reduction in cost of revenue relative to revenue. One concrete item to monitor is the sustainability of this lower cost structure.
Compared with the preceding quarter, revenue was stable while cost of revenue declined, leading to higher gross profit and an improved gross margin. Relative to the year-ago quarter, revenue was lower but cost of revenue decreased more sharply, so gross profit remained unchanged and gross margin increased.
Track the trend in cost of revenue relative to sales in upcoming quarters.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Solventum Corporation (SOLV) | 54.7% |